Author: FX
Olemedia/E+ via Getty ImagesSigma Lithium (SGML) sinks 13.3% in Tuesday’s trading after a Brazilian court ordered the suspension of all environmental permits for the company’s Sigma Mineração subsidiary and the complete halt of mining activities for the company’s Grota do Cirilo lithium project. The Source link
In this guideA useful XM comparison in Saudi Arabia should show what the account offers, what a deposit would cost and what you could withdraw. Start with the bonus and account questions together, then check the provider and local position before making a decision.Our XM broker review covers the wider account and cost comparison. This guide focuses on the Saudi questions that a global review cannot settle.XM bonus in Saudi Arabia: what should you check?Current local offer: not verified in this review. That does not prove there is no offer. Before choosing an account, ask what benefit is actually available…
The US entered Labor Day with average gasoline prices at $4.14 a gallon, almost $1 higher than a year ago, while diesel hit a record $5.85 as the Middle East crisis drags on.Despite the US president claiming full control over the Strait of Hormuz in early August, only about 10 commercial vessels a day have passed through the strait over the past 10 days, the lowest level since May and down from more than 15 just days earlier as attacks in the area picked up.Moreover, Yemen’s Houthis attacked energy facilities and cities in Saudi Arabia on Tuesday, prompting the Saudi…
Last week we saw a substantial number of new jobs created in the US Non-Farm Payrolls report, which strengthened USD temporarily.Why temporarily, and why might this be a problem?Let’s take a look.In today’s Market Outlook, let’s take a look at Forex trading on the Dow Jones Industrial Average, Brent Crude Oil, USD/JPY, USD/CHF and GBP/USD.These numbers, for both Canadian and US new jobs, look like the exact opposite of last month.This has called into question the accuracy of these numbers as you may remember, last year’s NFPs were proven to be 900,000 jobs overestimated.We can take advantage of this uncertainty.Also,…
bfk92/E+ via Getty ImagesZIM Integrated Shipping (ZIM) shares jumped more than 6% in Tuesday’s premarket trading after Hapag-Lloyd and FIMI said they are working on a revised proposal for the acquisition of ZIM following discussions with Israeli authorities. Hapag-Lloyd said it held several Source link
The EMA Crossover Alert Indicator MT4 is a MetaTrader 4 technical analysis tool that monitors the relationship between two exponential moving averages. When the faster EMA moves above or below the slower EMA, the indicator can generate a visual or sound alert, depending on its settings.The calculation behind it is straightforward. An EMA gives greater weight to recent prices than an SMA. Its basic calculation uses the previous EMA value and the latest closing price:EMA = (Current Price × Multiplier) + (Previous EMA × (1 − Multiplier))The multiplier is calculated from the selected period:Multiplier = 2 ÷ (Period + 1)For…
There is one expiry level to take note of on the day, as highlighted in bold below.That being for EUR/USD at the 1.1650 level. The expiries here may factor into play in attracting more two-way flows closer to the level, potentially leading to stickier and/or choppier price action around 1.1650.However, there is also the technical aspect to consider. There is resistance from the 200-day moving average at 1.1631 in play, and that has limited upside potential in EUR/USD since last week already. So, that alongside the expiries should help to keep price action in check for the session ahead; barring…
Gold prices rose in Pakistan on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 39,601.85 Pakistani Rupees (PKR) per gram, up compared with the PKR 39,392.19 it cost on Monday.The price for Gold increased to PKR 461,932.20 per tola from PKR 459,462.80 per tola a day earlier.Unit measureGold Price in PKR1 Gram39,601.8510 Grams396,039.00Tola461,932.20Troy Ounce1,231,756.00FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…
In this guideAn XM Indonesia guide should answer two different kinds of question. One concerns the proposed financial service and its regulator. The other concerns everyday account work: accurate documents, the meaning of a dollar minimum, a rupiah quote, the correct trading server and an identifiable withdrawal record.This page brings those checks together without treating an Indonesian translation as proof that an account is authorised locally. Use the XM country hub for the country where you actually reside and the XM broker review for the global comparison.Check the product and current Indonesian regulatorChecked 7 September 2026: Bank Indonesia’s 10 January…
EUR/JPY faces a crucial ECB test as yen strength collides with rate hike expectations from both sides of the pair. Source link